Wondering what the best used cars under £5,000 are?

If you have a budget to stick to but don’t want to compromise on the car, then you’ve come to the right place. We’re counting down our top picks of the very best cars for under £5,000.

Whether you’re looking for power under the bonnet, something cheap to run or simply want a car that looks good, we’ve got something just for you! It’s quite remarkable how far £5k will get you when you consider the cost of a brand new car. But used doesn’t mean bad by any means. In fact, you can get a quality car, that is fun to drive, cheap to run, and desirable in looks well within your budget.

£5,000 can get you a fantastic ride, find out our personal favourites below:

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Best used cars 2020 

We have updated our best used cars under £5,000 list in 2020 to ensure we are bringing you the most up-to-date list.

Last updated: 29th September, 2020

Volvo V50

You can get a few fantastic Volvo’s for under £5,000 but the V50 would be our top pick.

1. Volvo V50

First up on our list of best used cars under £5,000 is the Volvo V50. If you’re after an estate, then you’re probably already considering a Volvo. With low emissions, fantastic safety features and low running costs you get a lot of bang for your buck.

Volvos make the perfect family car, with ample space for everyone. The stylish V50 is an economical, straight forward choice, perfect for the no nonsense driver. Models from 2007 onwards come with an iPod/MP3 compatibility you can keep the whole family entertained.

Ford Focus

One of the UK’s most popular cars, you won’t have any trouble grabbing yourself a quality Ford Focus for under 5K.

2. Ford Focus

Second up on our best cars under £5,000 list is one of Britain’s most popular cars, the Ford Focus. This fantastic car is super affordable with many coming in at £5,000 and under.

The Focus has a spacious cabin and with many reviews claiming it’s the best in its class you’re guaranteed to fall in love with this car. The Focus is ideal for small families and due to their popularity you won’t struggle to find one you love within your budget. Find out about financing a Ford Focus.

BMW 3 Series

You could be behind the wheel of a premium BMW for just £5,000!

3. BMW 3 Series

If you’re after a more premium brand, the BMW 3 series is the car for you. For just £5,000 you can get behind the wheel of this prestigious German brand. 

The 3 series is BMW’s top selling model and is the proud winner of a huge list of awards including What Car’s 2020 Best Executive Car. Granted the 2020 model may be a bit out of a £5,000 budget, but older models are still excellent cars.

The 3 series is a lot of fun to drive and often packs some decent power under the bonnet. The stylish looks coupled with the premium badge makes this car one of our favourites on the list.  Finance a BMW Today.​

Audi A3

The awesome Audi A3 makes it onto our list of best selling used cars under £5,000 because of it’s impeccable German engineering and desirable looks. 

4. Audi A3

Just like the BMW above, the Audi is a fantastic choice for anyone looking for an inexpensive, sporty, fun, sophisticated car.

If you’ve ever bought an Audi before the likelihood is you’ll stay with the brand. The A3 is great to drive and is often credited for its class leading standards of ride. Little goes wrong with this Audi A3, especially the most recent generations making them a super smart choice for your £5,000 budget.

Get Used Audi Finance

MINI Cooper

Stand out from the crowd with the retro charm of the MINI Cooper all for under 5K!

5. MINI Cooper

If you’re after something a bit smaller to nip around the city then the personality packed MINI is a fantastic option. You can get a lot of MINI’s under £5,000 but our top pick is the MINI Cooper.

The MINI Cooper is one of the most recognisable cars on the road with its retro charm. It’s refined and efficient and damn good fun to drive. 

Browse popular used MINI’s on finance.

Vauxhall Insignia

The Vauxhall Insignia makes it onto all of our lists and so there is simply no question that it features in our best used cars under £5,000 list also. 

6. Vauxhall Insignia

The Vauxhall Insignia manages to make it onto almost every list we do because it’s an all-round great car so it’s no surprise it has made it onto out best used cars under £5,000 list too. This Vauxhall often comes in under £5,000 and is the top favourite amongst our customers with most people driving away one of these than any other car. So why is that?

The Insignia ticks many of the same boxes as a BMW or Audi saloon but at a much cheaper price. It’s spacious, efficient, and cheap to run and with so many on the roads will always be able to find one that suits your needs.

Find out more about used Vauxhall finance.

There we have it, our 5 best used cars under £5,000 or less!

We hope you found something that ticks the boxes. If you have a top pick that didn’t make out list just let us know.

Can you get car finance on a £5,000 car?

We can certainly help you get financed for a car that is valued at £5,000. When you choose to get your car finance sorted through Refused Car Finance we match you up with a lender that suits you. We can sometimes get you car finance with a bigger max limit than what you require which is absolutely fine as you don’t need to go to the full limit. Even if you are looking for car finance with a bad credit score we can help you.

Where can I buy a £5,000 car from?

Private Sales

Autotrader, Facebook Marketplace and Gumtree are fantastic places to start when looking for the best used cars under £5,000.

Finance and Dealerships

When we finance you it means you can buy a car from any reputable car dealership in the whole of the UK. We can even help your source the car you want within your budget if you’re struggling to find the make and model you’re after.

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Best Used Cars Under £5,000 (Updated for 2020)

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First of all a massive thank you to Graham at quick car fiance he went above and beyond to help me and he succeeded the only negative was i that my camera wasn't that clear and was asked to send them several times but due to Graham we got there with minimal stress I'd definitely use quick car fiance again 5 star service

Amazing service! Very friendly staff who not only try to find the best deal but also stick to the budget given so don't encourage over spending. Could not recommended them enough!

best interest rate you can find it great very professional company to work with specially Jacob he was very helpful. thank you very much